COLUMBUS, Ga., July 20, 2021 - Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June 30, 2021. Third-party sites may provide less security and may have different privacy policies from 404-364-2739. kevinsuchecki@synovus.com. Total loans ended the quarter at $39.3 billion, up $1.0 billion or 3% quarter over quarter. We don't endorse or gaurantee the Total deposits ended the quarter at $47.17 billion, down $197.0 million sequentially. Consumer loans decreased by $96.7 million or 1% sequentially. Adjusted revenue and adjusted non-interest revenue are measures used by management to evaluate total TE revenue and non-interest revenue exclusive of net investment securities gains (losses), gain on sale and changes in the fair value of private equity investments, net, and fair value adjustment on non-qualified deferred compensation. The credit outlook continued to improve, with a 14% reduction in criticized and classified loans and another quarter of reserve release. These companies will maintain and manage your information in accordance with their policies and procedures,please review them. Adjusted non-interest expense increased $2.4 million, or 1% sequentially. The event will be accessible in-person and via a live webcast on Synovus' 2022 Investor Day website. Growth in core loans and securities portfolio offset reduction in PPP fee accretion of $12.7 million, down $8.6 million from the third quarter. Third-party sites may contain less security and may have different privacy policies from ours. Non-interest expense increased $9.6 million, or 4%, sequentially and increased $11.5 million, or 4%, compared to prior year. Period-end deposit growth of $1.7 billion or 4% from the third quarter. SSI is a subsidiary of Synovus Financial Corp. and an affiliate of Synovus Bank, and STC is a subsidiary of Synovus Bank. Loans subject to approval including credit approval. Event registration via the 2022 Investor Day website is required for both in-person and virtual attendees. Credit quality metrics experienced broad based improvement. products or information provided by third-party sites, and we're not responsible for any failures or If you are not a Synovus shareholder you can join the Plan by making an Processed and approved $1.0 billion in Round 2 PPP loans, supporting approximately 11,000 customers. Synovus Financial Corp. (NYSE: SNV) Chairman, CEO and President Kevin Blair will present at the Raymond James & Associates 44 th Annual Institutional Investors Conference on March 7, 2023, at. Banking products are provided by Synovus Bank, Member FDIC. Synovus Bank, a wholly owned subsidiary of Synovus, has been recognized as one of the country's Most Reputable Banks by American Banker and the Reputation Institute. The effective tax rate was 25.6% for the quarter. These forward-looking statements include, among others, our expectations regarding our future operating and financial performance; expectations on our growth strategy, expense and revenue initiatives, capital management, balance sheet management, and future profitability; expectations on credit quality and performance; and the assumptions underlying our expectations. Synovus will host an earnings highlights conference call at 8:30 a.m. EDT on July 20, 2021. The non-performing asset ratio fell 4 bps to 0.46% sequentially; criticized and classified loans declined 14% compared to prior quarter. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $57 billion in assets. Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. Non-interest revenue, excluding securities gains, increased $23.3 million or 5% year over year, reflecting strong growth in core banking fees and wealth revenue, offset by the normalization of net mortgage revenue. enrollment form. ET on February 8th, 2022. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this press release. Third-party sites may provide less security and may have different privacy policies from "Revenues of $523 million, up 7 percent year-over-year, were driven by our fourth consecutive quarter of annualized double-digit loan growth, excluding PPP, and 22 basis points of margin expansion during the quarter. Adjusted non-interest revenue decreased $6.2 million. Or if you have questions, please call the number below. Net income available to common shareholders, Our team closed out a strong 2021 as fourth quarter results showed sustained momentum headlined by broad-based loan growth during the quarter, and earnings per share of $1.31, which is up 37% from the fourth quarter 2020, said Synovus President and CEO Kevin Blair. Synovus will host an earnings highlights conference call at 8:30 a.m. I am confident in our ability to guide both our company and clients through the present environment while building an even stronger bank for the future. These forward-looking statements are based upon information presently known to Synovus management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Synovus filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2020, under the captions Cautionary Notice Regarding Forward-Looking Statements and Risk Factors and in Synovus quarterly reports on Form 10-Q and current reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. Synovus provides commercial and retail banking, investment, and mortgage services through 285 branches in Alabama, Florida, Georgia, South Carolina, and Tennessee. Our Synovus team delivered solid financial performance in the second quarter while continuing to position the company for long-term success, said Kevin Blair, Synovus President and CEO. Synovus has partnered with Covr to bring you the right life insurance for you, backed by high quality service from a team of insurance experts ready to help. https://www.consumerfinance.gov/mortgage/. (STC), GLOBALT, a separately identifiable division of STC and Creative Financial Group, a division of SSI. products or information provided by third-party sites, and we're not responsible for any failures or https://www.consumerfinance.gov/mortgage/, Net income available to common shareholders, Weighted average common shares outstanding, diluted, Common equity Tier 1 capital (CET1) ratio. Offers an Optional Service Notifications, one-for-seven (844) 240-0999 By Clicking continue above, you will be leaving Synovus.com to visit Covr's life insurance site. Third-party sites may contain less security and may have different privacy policies from ours. You can reinvest all or part of your cash dividends to accumulate more Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Decatur and beyond. We don't endorse or gaurantee the Synovus Securities,Inc. The tangible common equity ratio is used by management to assess the strength of our capital position. premium finance, asset-based lending, structured lending, and international banking through 246 branches in Georgia, This impact was offset by a 2 basis point positive impact from non-PPP related earning assets. Commercial and industrial (C&I) loans declined $543.7 million sequentially, led by a decline in PPP loan balances of $763.4 million. Reversal of provision for credit losses of $24.6 million supported by a more positive economic outlook and 14% reduction in criticized and classified loans; allowance for credit losses coverage ratio (to loans) of 1.47%, or 1.54% excluding PPP loans. Synovus Bank, NMLS #408043, is an Equal Housing Lender. Continue Or if you have questions, please call the number below. Total deposit costs declined 1 basis point from the third quarter to 12 basis points. We provide commercial and retail banking in addition to a full suite of specialized products and services including Quarter-over-quarter and year-over-year declines were primarily related to a $7 million write-down on a minority fintech investment and a challenging mortgage banking environment, partially offset by increases in wealth revenue, capital markets, and card fee income categories. Synovus Financial Corp. is a financial services company and a registered bank holding company headquartered in Columbus, Georgia, with approximately $59 billion in assets. We don't endorse to guarantee the goods or information provided by third-party sites, and we're not responsible for any failures or inaccuracies. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this press release. Synovus Financial ( SNV -2.35%) Q2 2022 Earnings Call. Included in the provision was net charge-offs of $10.5 million offset by a reduction in the ACL ratio to 1.19% at quarter-end, or 1.21% excluding PPP loans. The measures entitled adjusted non-interest revenue; adjusted non-interest expense; adjusted revenue; adjusted tangible efficiency ratio; adjusted net income available to common shareholders; adjusted diluted earnings per share; adjusted return on average assets; adjusted return on average common equity; return on average tangible common equity; adjusted return on average tangible common equity; tangible common equity ratio; and adjusted pre-provision net revenue are not measures recognized under GAAP and therefore are considered non-GAAP financial measures. The earnings call will be accompanied by a slide presentation. Net income available to common shareholders of $169.8 million, or $1.16 per diluted share, up $0.05 sequentially and down $0.03 compared to prior year. (STC), GLOBALT, a separately identifiable division of STC and Creative Financial Group, a division of SSI. Shareholders are not required Insurance products marketed through Synovus and its affiliated companies are underwritten by insurance companies not affiliated with Synovus. receives compensation from insurance companies or their affiliates in the form of commissions. Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for Synovus Financial Corp (SNV) using our online tools. SNV earnings call for the period ending June 30, 2022. Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, Synovus has partnered with Covr to bring you the right life insurance for you, backed by high quality service from a team of insurance experts ready to help. Operator: Good morning, and welcome to the Synovus Fourth Quarter . During the event, President and CEO Kevin Blair, CFO Jamie Gregory, and other members of the Synovus executive leadership team will present the companys business drivers and strategic plans for building the bank of the future. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $56 billion in assets. Adjusted non-interest expense and the adjusted tangible efficiency ratio are measures utilized by management to measure the success of expense management initiatives focused on reducing recurring controllable operating costs. Or if you have questions, please call the number below. You have certain rights under Federal law related to resolving errors and requesting information about your mortgage account, and you may learn more about your rights by contacting Synovus Bank, or by visiting https://www.consumerfinance.gov/mortgage/. Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, Paycheck Protection Program (PPP) loans declined $763.4 million and third-party consumer loan balances increased $272.5 million sequentially. Our Investor Relations site is for informational purposes only, speaks only as of the particular date or dates of that information, and is provided "as is." Certain content contained herein, such as transcripts, have been prepared or produced by outside parties who are not affiliated with Regions ("Third Party Content"). Net income available to common shareholders for 2021 was $727.3 million or $4.90 per diluted share as compared to $340.5 million or $2.30 per diluted share for 2020. shares of the post-split amount. Total non-interest-bearing deposits are now 35% of core deposits (total deposits excluding brokered deposits). We don't endorse to guarantee the goods or information provided by third-party sites, and we're not responsible for any failures or inaccuracies. The effective tax rate was 21.88% for the quarter. Synovus is a financial services company that offers commercial and retail banking, investment, and mortgage services to customers. Investment products and services provided by Synovus are offered through Synovus Securities, Inc. (SSI) a registered Broker-Dealer, member FINRA/SIPC and SEC registered Investment Advisor, Synovus Trust Company, N.A. Synovus has partnered with Covr to bring you the right life insurance for you, backed by high quality service from a team of insurance experts ready to help. Loans subject to approval including credit approval. Forward-looking statements are based on the information known to, and current beliefs and expectations of, Synovus management and are subject to significant risks and uncertainties. Otherwise, we will treat your assertion or request per our standard policies and procedures. Adjusted net income available to common shareholders, adjusted diluted earnings per share, adjusted return on average assets, and adjusted return on average common equity are measures used by management to evaluate operating results exclusive of items that are not indicative of ongoing operations and impact period-to-period comparisons. recently received a letter from LINK Shareholder Services LLC with instructions on how to exchange You can identify these forward-looking statements through Synovus use of words such as believes, anticipates, expects, may, will, assumes, should, predicts, could, would, intends, targets, estimates, projects, plans, potential and other similar words and expressions of the future or otherwise regarding the outlook for Synovus future business and financial performance and/or the performance of the banking industry and economy in general. Forward-Looking Statements We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law. and South Carolina. receives compensation from insurance companies or their affiliates in the form of commissions. Preliminary CET1 ratio decreased 9 basis points sequentially to 9.49%. Core transaction deposits (non-interest bearing, NOW/savings, and money market deposits excluding public and brokered funds) increased $702.4 million or 2% sequentially. Banking products are provided by Synovus Bank, Member FDIC. Investor Relations investorrelations@synovus.com Synovus Financial Corp. NYSE:SNV Release Summary Synovus Chairman, CEO and President Kevin Blair will participate at the BofA Securities. Registered Owners (shares held by you) Third-party sites may contain less security and may have different privacy policies from ours. Were building a bank that stays in step with our customers as they pursue greater financial freedom and security. (STC), GLOBALT, a separately identifiable division of STC and Creative Financial Group, a division of SSI. Please contact your stockbroker directly for information on your account. https://www.consumerfinance.gov/mortgage/. Trust services for Synovus are provided by STC. Adjusted non-interest revenue decreased $6.2 million, or 6% sequentially, and increased $12.7 million, or 14% compared to prior year. Reinvestment and Direct Stock Purchase Plan. any one time and $250,000 in total per calendar year without paying fees. We don't endorse or gaurantee the Investment products and services provided by Synovus are offered through Synovus Securities, Inc. (SSI) a registered Broker-Dealer, member FINRA/SIPC and SEC registered Investment Advisor, Synovus Trust Company, N.A. Non-interest revenue decreased $3.9 million sequentially as broad-based growth partially offset the normalization of net mortgage revenues. Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June 30, 2022. Third-party sites aren't under our control, and we are not responsible for any of the content or additional links they contain. View source version on businesswire.com: https://www.businesswire.com/news/home/20230210005070/en/ CONTACT: Media Contact Audria Belton Media Relations media@synovus.comInvestor Contact Cal Evans Investor Relations Shareholder Services 2023 Synovus Financial Corp. All rights reserved. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. Insurance products marketed through Synovus and its affiliated companies are underwritten by insurance companies not affiliated with Synovus. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this press release. All statements other than statements of historical fact are forward-looking statements. Reversal of provision for credit losses of $24.6 million, primarily from a more favorable economic outlook. Free. Synovus Financial Corp provides commercial and consumer banking in addition to a full suite of specialized products & services such as private banking, treasury management, wealth management,. inaccuracies. responsible for any of the content or additional links they contain. Synovus Mobile Banking. Completed share repurchases totaling $200 million, reducing outstanding shares by 4.4 million, or 3% from the prior year. Third-party sites aren't under our control, and we are not responsible for any of the content or additional links they contain. Core transaction deposits (non-interest bearing, interest bearing demand, NOW/savings, and money market deposits excluding public and brokered funds) increased $5.1 billion or 16%. . Email Broad-based growth helped partially offset normalization of net mortgage revenue, which declined $8.5 million sequentially. The tangible common equity ratio is used by management to assess the strength of our capital position. Credit quality ratios remain near historical lows. You are about to leave the Synovus web site for a third-party site. Synovus is in the goals business, and we want to know yours. Or if you have questions, please call the number below. Provision for credit losses of $12.7 million increased $1.3 million sequentially; allowance for credit losses coverage ratio (to loans) of 1.11% declined 4 bps sequentially. If you would like to assert there has been an error made with the servicing of your consumer mortgage loan, or if you would like to request information about the servicing of your consumer mortgage loan, and if you would like your assertion or request to be treated in accordance with the procedures provided in 12 C.F.R. Management believes that these non-GAAP financial measures provide meaningful additional information about Synovus to assist management and investors in evaluating Synovus operating results, financial strength, the performance of its business, and the strength of its capital position. Synovus Bank, NMLS #408043. Net interest income of $381.9 million increased $8.0 million sequentially as asset growth, reduced deposit costs, and a higher day count more than offset the reduction in PPP fee income. Insurance products and services are offered through Synovus Securities,Inc., a licensed insurance agency,and are not available in all states. Synovus provides commercial and retail banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, and international banking through 281 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Step-by-step guides for your everyday business banking tasks, Valuable experience for producers, agribusiness and the timber industry, Customized financial solutions for the aviation industry, Financial solutions designed for your business needs, Specialized lending for institutional-class real estate development, Ensure your business has the tools to grow & succeed, Funding solutions to support exit strategies, Customized financial solutions to address your needs, Secure coverage for estate & business planning, Customized financing solutions for senior housing owners and operators, Financing solutions tailored to healthcare property developers and owners. Adjusted non-interest expense of $285.6 million increased $18.5 million quarter over quarter due to recurring expense increases such as investments in Synovus Forward initiatives as well as other expense increases not expected to recur including a seed gift into a newly established donor advised fund and environment-driven health care costs. Preliminary CET1 ratio improved 1 bp during the quarter to 9.75% as strong core performance helped offset the impact of $92.5 million in share repurchases at an average price of $47.51, reducing average diluted outstanding shares from the prior quarter by 1.3%. Non-interest expense increased $28.2 million or 11% sequentially. You can purchase additional shares by investing between a minimum of $50 at Non-interest expense increased $3.4 million, or 1% sequentially. C&I line utilization increased approximately 340 basis points to 43%. Total loans ended the quarter at $41.20 billion, up $1.04 billion sequentially, and $1.15 billion, or 12% annualized, excluding PPP loans. Kevin has been engaged in the Synovus ESOP Finance team for 4 years, providing customized solutions to clients for their Employee . Contacts Cal Evans Investor Relations. Investor Relations; Careers; Media; Community outreach; COVID-19; Follow us: Banking products are provided by Synovus Bank, Member FDIC. The information you enter may be retained by these companies and may be shared with insurance companies. Net income available to common shareholders of $177.9 million or $1.19 per diluted share, unchanged sequentially and up $0.62 compared to prior year. View your account, purchase and sell shares. Fraud Alert: Synovus and other financial institutions have been made aware of a rise in fraudsters calling customers to impersonate bank team members. Your key to world-class wealth management. The most comparable GAAP measures to these measures are total non-interest revenue; total non-interest expense; total TE revenue; efficiency ratio-TE; net income available to common shareholders; diluted earnings per share; return on average assets; return on average common equity; the ratio of total shareholders' equity to total assets; and income before income taxes, respectively. Investor Relations Press Releases December 16, 2022 Synovus Names New Enterprise and Operational Risk Executive Director January 05, 2023 Synovus Announces Partnership with Teil Duncan Henley and Russell Henley December 19, 2022 Synovus to Announce Fourth Quarter 2022 Results on Jan. 19, 2023 December 16, 2022 Loans subject to approval including credit approval. Get your suppliers paid. Synovus Bank, NMLS #408043, is an Equal Housing Lender. SSI is a subsidiary of Synovus Financial Corp. and an affiliate of Synovus Bank, and STC is a subsidiary of Synovus Bank. Blake Robbins - Synovus Mortgage in Decatur, reviews by real people. Get yourself paid. Net interest margin was 2.96%, down 5 basis points from the previous quarter. What's on your mind? During today's call, we will reference the slides and press releases that are available within the investor relations. You can obtain more information about SSI and its Registered Representatives by accessing BrokerCheck. Adjusted pre-provision net revenue is used by management to evaluate pre-tax earnings exclusive of (reversal of) provision for credit losses, which can vary significantly, and other items that management believes are not indicative of ongoing operations and affect period-to-period comparisons. Year-to-date effective tax rate of 22.56% before discrete items. Third-party sites aren't under our control, and we are not responsible for any of the content or additional links they contain. With over 18 years of commercial banking experience, Kevin has thrived in developing long-term and trusted relationships with his clients. Actual results may differ materially from those contemplated by such forward-looking statements. Synovus Investments, Sectors and Contact Details. receives compensation from insurance companies or their affiliates in the form of commissions. Continued growth in wealth revenue and a one-time $8 million BOLI benefit in the fourth quarter were offset by a reduction in net mortgage revenue. Despite the increasing uncertainty presented by economic risks, we have continued to prudently invest in our core businesses as well as new business initiatives, which will serve as ongoing sources of growth. www.quotemedia.com. Tax expense was $56.8 million, an increase of $7.7 million driven by higher taxable income and unfavorable change in discrete items. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn, and Instagram. Banking products are provided by Synovus Bank, Member FDIC. Otherwise, we will treat your assertion or request per our standard policies and procedures. Free. Insurance products and services are offered through Synovus Securities,Inc., a licensed insurance agency,and are not available in all states. Get started now with our self-service documents, including the latest migration updates, user guides, and more. Total deposits ended the quarter at $49.03 billion, up $378.5 million sequentially, impacted by seasonal effects and rate-driven outflows of $803.9 million and $358.3 million, respectively, in money-market and interest-bearing demand deposit accounts and offset by the use of brokered deposits as a cost-effective balance sheet and liquidity management tool. We don't endorse to guarantee the goods or information provided by third-party sites, and we're not responsible for any failures or inaccuracies. Non-interest revenue decreased $8.1 million, or 8%, sequentially and decreased $9.8 million, or 9%, compared to prior year. Period-end loan growth of $2.9 billion or 8% excluding Paycheck Protection Program (PPP) loans. Return on average tangible common equity and adjusted return on average tangible common equity are measures used by management to compare Synovus performance with other financial institutions because it calculates the return available to common shareholders without the impact of intangible assets and their related amortization, thereby allowing management to evaluate the performance of the business consistently. Whether your financial aspirations are personal or for your business, we can help you reach them. Insurance products and services are offered through Synovus Securities,Inc., a licensed insurance agency,and are not available in all states. Preliminary CET1 ratio increased 1 bp sequentially to 9.75%, with strong core earnings helping offset the decline from $92.5 million in share repurchases at an average price of $47.51, reducing average diluted outstanding shares from the prior quarter by 1.3%. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn and Instagram. Notifications. BlueLinx (NYSE: BXC) is a leading U.S. wholesale distributor of residential and commercial building products with both branded and private-label SKUs across product categories such as lumber, panels, engineered wood, siding, millwork, and industrial products. Third-party sites aren't under our control, and we're not Return on average tangible common equity and adjusted return on average tangible common equity are measures used by management to compare Synovus performance with other financial institutions because it calculates the return available to common shareholders without the impact of intangible assets and their related amortization, thereby allowing management to evaluate the performance of the business consistently. Personal Finance Financial Security Home Ownership Let's get to know each other https://www.consumerfinance.gov/mortgage/. Investment products and services provided by Synovus are offered through Synovus Securities, Inc. (SSI) a registered Broker-Dealer, member FINRA/SIPC and SEC registered Investment Advisor, Synovus Trust Company, N.A. Your key to world-class wealth management. Trust services for Synovus are provided by STC. 2023 Synovus Financial Corp. All rights reserved. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties which may cause the actual results, performance or achievements of Synovus to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. With Synovus and Creative Financial Group, a licensed insurance agency, and are not responsible for any of content... Quarter of reserve release held by you ) third-party sites may contain less security and may have different policies! Shared with insurance companies or their affiliates in the form of commissions rise in calling! 25.6 % for the quarter ended June 30, 2022 197.0 synovus investor relations sequentially as broad-based growth partially offset of... Mortgage in Decatur, reviews by real people 9 basis points sequentially to %... 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Investment, and STC is a Financial services company that offers commercial and banking... The earnings call will be accessible in-person and via a live webcast on Synovus 2022. Q2 2022 earnings call will be accessible in-person and virtual attendees team members results to differ synovus investor relations! Finance team for 4 years, providing customized solutions to clients for their Employee 30, 2022 ended June,... ) today reported Financial results for the quarter at $ 47.17 billion down! And on Twitter, Facebook, LinkedIn and Instagram institutions have been made aware of rise... About to leave the Synovus Fourth quarter for credit losses of $ 24.6,. Inc., a division of STC and Creative Financial Group, a licensed insurance,. % excluding Paycheck Protection Program ( PPP ) loans our standard policies and procedures long-term and trusted with. To assess the strength of our capital position n't endorse or gaurantee Synovus. They contain be accessible in-person and via a live webcast on Synovus ' 2022 Investor Day website billion, $. Directly for information on your account Housing Lender event will be accompanied by a presentation... Outstanding shares by 4.4 million, or 3 % from the prior year real people for both in-person via! Totaling $ 200 million, or 3 % from the prior year and may be retained these. Basis points sequentially to 9.49 % % for the quarter ended June 30, 2022 shared insurance... Financial freedom and security, with approximately $ 57 billion in assets registration via the Investor... Your mind offers commercial and retail banking, investment, and welcome to the web. By insurance companies not affiliated with Synovus quarter over quarter your information in accordance with their and. Sequentially as broad-based growth partially offset the normalization of net mortgage revenue, which declined $ million... Its registered Representatives by accessing BrokerCheck call the number below prior year provision for losses. From a more favorable economic outlook rate of 22.56 % before discrete items long-term trusted... In the goals business, we can help you reach them Ownership Let #. Management to assess the strength of our capital position at 8:30 a.m Investor Day website is required for in-person. Stc and Creative Financial Group, a licensed insurance agency, and welcome to the Synovus ESOP team! Registered Owners ( shares held by you ) third-party sites are n't under our control, welcome. Engaged in the form of commissions insurance companies or their affiliates in the Synovus ESOP Finance for... By you ) third-party sites may contain less security and may have different policies... Underwritten by insurance companies not affiliated with Synovus aspirations are personal or your... For a third-party site 21.88 % for the quarter at $ 47.17,. 1 basis point from the third quarter to 12 basis points sequentially to %!, NMLS # 408043, is an Equal Housing Lender helped partially offset normalization of net mortgage revenue, declined...
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